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the markets from foreign capitol and from jack lew as treasury nominee. u.s. economics editor for "the economist," and senior economics reporter steve leaseman. steve, first to you. what are the markets saying? what is jack lew's reputation in wall street and what do you see coming forward with debt negotiations? >> i think this appointment is being taken advisedly in the sense that it's a kind of wait and see. you know, from my perspective, having covered more or less -- more or less degrees, seven of the past treasury secretaries, jack lew does come to the table with a bio that perhaps has less independence in it than any treasury secretary i can remember. robert rubin, hailing from goldman sachs, salary summers was a renowned economist. paul o'neil from alcoa. there's nothing on lew's resume that suggests any measure of independence. markets want a little bit of independence from their treasury secretary. that said, if jack lew's appointment can, in fact, result in some kind of longer term budget deal affixed to entitlements, tax reform, corporate and individual that i think markets
for pick for the new treasury secretary. it's believed to be jack lew. that is who he will nominate. chief congressional correspondent mike emanuel looks at the lew pros and cons tonight from the white house. >> two sources close to the process say white house chief of staff jack lew is expected to be nominated by the end of the week. publicly, jay carney avoided getting ahead of president obama. >> i don't have a timetable for any other personnel announcements but i have no new information. or any change information on secretary geithner departure. >> sources say lew is up with of the president's favorites because of the sharp knowledge of the federal budget and no drama style. capitol hill republicans say lew gained a reputation for being arrogant and rigid in the 2011 dead ceiling fight. the top republican predicts a bumpy confirmation process because lew is too political in the capitol hill testimony. >> he refused to acknowledge basic financial certainly and spun numbers in a way that benefited president. he did not show credibility he wants in the cabinet position. >> the confirmatio
voice vowing to block jack lew, coming up we'll have an opportunity to speak with bernie sanders liberal leaning independent who says lew is wrong for america's middle tax. >>> john boehner inviting president obama to deliver the state of the u.n. i don't address to the joint congress february the 12th. a couple of weeks away. >>> president obama is meetinging with afghanistan president hamid karzai at the white house. how many u.s. troops should stay in afghanistan after 2014, if any at all. we'll talk more about that. >>> plus, the flu, now widespread in nearly all 50 states and even if you did not get vaccinated. there's a chance you could still get sick? we'll bring you the details. >>> the big question of you, do you think the hollywood and gaming industry will be as on stin at as the nra when it comes to finding solutions to gun violence? sometimes what we suffer from is bigger than we think ... like the flu. with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. pr
to nominate jack lew to be the treasuresy secretary. joining us to discuss this are familiar faces. karl rove from texas. and joe trippi in washington. thank you for being here. i want to break down battles one-by-one. the first one getting attention is chuck hagel for defense secretary. how big of a bat doll you think this is. where do you think it will play out? >> this is the biggest of the five nomination fights we know about. maybe a vote against hagel. few republicans, none come to his defense. few republicans might vote for him. he has a contentious personal background. hard, acerbic and hard to work with. more important than that is the record on the issues. opposed to iranian sanctions. he opposed the iraq surge. defended dialogue with hamas. refused to join in a letter calling on e.u. to condemn hezbollah. he had a pejorative comment to jewish lobby. he has taken stances that indicateed he is less than supportive of the relationship with israel. >> there are two key democrats that could factor in how this goes. one is new york democratic senator schumer. >> he is staying quiet on th
controversial nominations of all-time. he is talking about jack lew to be secretary of the treasury are. there is not even one controversial episode in jack lew's entire life history. but senator jeff sessions who is not even a member of the committee that will definitely vote to confirm jack lew is trying to make his confirmation controversial perhaps because he still hasn't gotten over the fact that the senate judiciary committee voted against his nomination to be a federal judge in 1986. joy read the jack lew thing it doesn't get less controversial than this. poor little jeff sessions isn't going to get to ask him questions in the hearing because he isn't on the hear. >> this is like confirmation theater. darn it they were nominated by barack obama. they have the bam of stain on them. lew's eissue is his weird signature. >> right. eugene robinson. you have seen this stuff over the years. take us through what is going to happen with haegle. you have the secretary of defense. something that bill clinton did. and republicans are going no, we don't like this guy. i think what is going to
on his chief of staff, jack lew, to fill the slot at treasury, being vacanted by secretary geithner. lew has gone before the full senate for confirmation more than once in the past four years. he hasn't gotten a no vote yet. and the president doesn't expect one now. >> jack has my complete trust. i know i'm not alone in that. in the words of one former senator, "having lew on your team is the equivalent as a coach the luxury of having somebody in almost any position and knowing he will do well." and i could not agree more. so i hope the senate will confirm him as quickly as possible. >> one thing lew may have to work on, though, if he gets the job, his signature. yes. this string of loops is actually jack lew's signature. and it's not a small thing, considering it would go on all the new dollar bills. that's the first one we would see. and frankly, a lot of currency over the next few years. >> jack assures me that he is going to work to make at least one letter legible -- [ laughter ] -- in order to debase our currency, should he be confirmed as secretary of the treasury. >> all kidding
obama making another cabinet pick. the president will nominate white house chief of staff jack lew to replace timothy geithner as treasury secretary. tell us about jack lew. >> jack lew is the chief of staff known as a tough negotiator, someone who the president has complete trust in. in fact, when he was announced as the white house chief of staff the president talked about the trust that he had in him, talked about how he had taken a part in helping to right the ailing economy. this is also someone who has worked in a couple of administrations as the budget chief in this administration and the clinton administration and helped to cut the 1997 balanced budget deal. so the white house sees him as someone with a lot of experience, ready to take on some of the big challenges over the treasury department as we are facing the so-called mini cliffs, the big one, the debt ceiling, something he will have to deal with right away. >> when is the formal announcement of the nomination expected and another partisan fight down the road? >> very well could be. we have been trying to nail it down
expected to nominate white house chief of staff jack lew later today to be the next treasury of the secretary, but if lou is confirmed he might consider sharpening that signature which will pretty much be on all u.s. currency. here it is loopy and arguably unreadable. current treasury secretary tim geithner said he had a similar problem before he took over. here it is before he took the job. and here what it looks like now. he improved his penmanship to make it easier for folks to read. i can't argue. have you seen mine? martha: it deteriorates with every passing year. bill: jack lew that --. martha: well it is the worst flu outbreak in at least a decade and doing a number on people across the country. the virus is reported in 41 states with nine states reporting high or severe levels of flu. boston's mayor says his city is under siege. he is declaring a public health emergency. the state of massachusetts reporting 18 flu-related deaths so far. the hospitals can barely contain all the people pouring into them. >> we're seeing significant rates of hospitalization, much more se
personnel announcements, the president does. secondly, i would say that jack lew, who is the president's chief of staff, has been and continues to be an extremely valuable adviser to the president. >> that was press secretary day carney, punking the white house press corp, and not announcing that the president plans to announce jack lew to replace tim geithner. the president is expected to do that tomorrow. and hilda solis announced she will resign, while attorney general eric holder announced he will stay on for a second term. jay carney was asked this question about jack lew. >> working on a signature. >> the treasury secretary's signature, you see, appears on all reserve notes, dollar bills during his tenure. here is jack lew's signature, it really is. and here is what jack lew's signature would look like on a dollar bill. not everybody can have the style of john hancock. it was once said that the president had the handwriting that neared that of an illiterate. and of course, there is this, that signature? it may be more legible than jack lew, tim geithner's signature became the ver
jack lew is expected to be nominated as secretary of treasury replacing timothy geithn geithner. underscoring a focus within the white house on the fiscal battles to come. including a showdown on the debt ceiling. look at his signature. here's what it would look like on its dollar bill. it makes my chicken scratch look good. >>> hilda solis announced that she's resigning. eric holder is staying on at least for now. also remaining on the job secretary of health and human services kathleen sebelius. ray lahood the only republican in the cabinet hasn't signaled whether or not he's leaving this administration. >>> hill kri clinton will be stepping down from her post in the coming weeks. we're not going to call it retirement? >> retirement? >> i don't know if that's the word i would use. certainly stepping off the very fast track for a little while. >> the obama administration pushing back after a picture taken in the oval office, this image by the photographer was featured on the front page yesterday of the "new york times." a group of men meeting with president. with top positions
for the second term. this afternoon, he'll announce that white house chief of staff, jack lew, is his pick for treasury secretary. that means for the first time in years, all of the premier cabinet positions will be covered by money. jon karl is covering the shuffle in the white house. good morning, jon. >> reporter: good morning, george. some critics aring le inlooking emerging second-term cabinet and wondering, where are the women? today, jack lew for treasury secretary. earlier this week, chuck hagel for defense. and john brennan for cia. and before that, john kerry for secretary of state. four top appointments since the election. four men. and then, this. "the new york times" published the white house photograph wednesday, showing the president speaking with top advisers in the oval office. ten people visible, all men. and late wednesday, labor secretary, hilda solis announced e's leaving. the third woman in the cabinet heading for the exits. all this prompted "washington post" columnist, ruth marcus, to quip, it's "mad men" goes to washington, except peggy's leaving. >> it's time for
dropping out of the presidential race and the president nominates jack lew for treasury secretary. is this the right man for the job? we'll ask charles krauthammer. that and more straight ahead. [ male announcer ] some day, your life will flash before your eyes. make it worth watcng. introducing the 2013 lexus ls. an entirely new pursuit. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> i cannot think of a better person to continue
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. keep love strong. >>> obama's nominee for treasury secretary jack lew is facing criticism because his signature, which will appear on the dollar bill, is complete lly illegible. look at his signature. this is real. in response, lew is like, i will fix this or my name is -- there's some political news here. president obama recently came under fire from republicans over the lack of diversity in his cabinet. then obama said, you guys know i'll be there too, right? >>> well, it's time for other entertainment news. it's the cia versus the lapd at the box office this weekend. after being in limited release for the past few weeks "zero dark thirty" is going wide, fresh off its five oscar nominations. but "gangster squad" may take first place this weekend thanks to box office draws ryan gosling and emma stone. >>> so what does 9-year-old quvenzhane wallis want to do now that she's nominated for on can oscar? what any other 9-year-old would want to do. go on a shopping spree and eat pizza. >>> justin bieber may have a dopplpganger. >>> and justin timberlake and beyonce both announced new music
, president obama tapped jack lew to be the next secretary of the treasury. lew, a man i believe of good and strong values, currently is the president's white house chief of staff. before that he was director of the office of management and budget. the president urged congress to confirm him quickly. >> jack has my complete trust. i know i'm not alone in that. in the words of one former senator, having lew on your team is the equivalent as a coach of having the luxury of putting somebody at almost any position and knowing he will do well and i could not agree more. >> that man standing there, jack lew, looks exactly the same when he was 25 years old working next to me in tip o'neill's office, exactly the same. i don't believe it. lew's nomination signals the president is putting on the upcoming budget battles with congress. we'll be right back. real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest
position and knowing he will do well. >> but right on cue, here comes the republican outrage. jack lew must never become the secretary to the president. >> i've got a news flash for republicans. that's called being chief of staff. of course jack lew served the president. of course he's in the inner circle. that was his job. he was chief of staff. but this is now the gop's default reaction. opposed to everything the president does, no matter what it is. joining me now is joan walsh, editor at large of salon.com and former pennsylvania governor ed rendell now an nbc news analyst. thank you both for being here tonight. >> thank you, reverend al. >> governor, is this the best the gop's got? just don't do whatever? is the strategy going to succeed? >> first of all, it's pathetic. the american people understand traditionally, a president gets to the point he thinks the people will best serve him in the country. the only way they should be confirmed is if there's something in their background that's criminal. something in their background that's irresponsible. but jaek lew has been a good public s
, we learned today that president obama will nominate white house chief of staff jack lew as the new treasury secretary. and his signature will appear on every bill in our wallets. but when we looked up that signature, there it is. one person described it as a slinky that lost its spring. lew says if confirmed, he'll try to improve his penmanship. >>> and, what is your monopoly identity? do you go for the scottish dog, the hat, the thimble? today, monopoly announced they'll retire one of those tokens. and we, together, get to choose which one. so, you can vote online. the betting pros, by the way, say the wheelbarrow is the most likely to go. you can also vote for a new token, either a cat, a robot, a helicopter, a guitar or a diamond ring. i liked the wheelbarrow. oh well. if you see something out there for our "instant index," be sure to tweet it to me, @dianesawyer. >>> and, coming up next here, we saw her take home gold in london. so, why was missy franklin so nervous for a high school swim meet? [ boys screaming ] hi, i just switched jobs and i want to roll over
's cabinet. the white house chief of star, jack lew, will be named treasury secretary, and now there is a search for a new position now that solis has stepped down. kathleen sebelius will continue to serve in the president's second term. >>> in colorado, the evidence hearing against james holmes is over a couple days earlier than expected. the judge will decide tomorrow if the case will go to trial. homes is accused of opening fire inside that aurora, colorado movie theater last july killing 12 and injuring dozens. yesterday police say they found evidence that holmes cased the theater for weeks ahead of time. >>> and a race to free a pack of killer whales trapped in ice in a small canadian village in northern quebec. experts are being sent to the scene today to see what can be done to save them. if the hole they're using to breathe and say afloat freezes over, they will die. >> it's so sad and so stunning. >> in the next hour we will talk with william hurley about the effort to save these wheels. >>> roger clemens now knows what it's like to be on the receiving end. clemens and
of staff jack blue as the-- jack lew, a source telling all, but a done deal, an announcement by the end of this week as treasury secretary. and nominated chuck hagel as defense secretary and the treasury secretary nomination would round out the president's cabinet and stay with fox news channel for the latest on this breaking news story. and straight ahead, a shocking rape case that's ripping apart a small town. the accused two high school football players and now disturbing video has gone viral and inciting outrage across the nation. that's next. new information tonight about that infamous map showing where gun owners live and the new outrage. the latest against the newspaper that published it. on the record tracking down the publisher coming up. watch out warren buffett, bill gates and even oprah winfrey, someone is calling for your heads. who got caught on camera suggesting we behead the rich? i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel.
this signature on the paper dollar. douglas dillon. now that jack lew is to succeed, the problem is this. the squirrely signature. it's going to show on the paper money if he's confirmed. offered up some comparisons to his signature. the crazy straw you get at six flags. a slip of paper you used to test out pens in office max. and a classic. the hair of peanuts character sally brown. there it is too. >>> up next, can anyone save the republican party from itself? the answer may be on the cover of the new "time" magazine. there it is. you're watching "hardball," the place for politics. with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every
knowledge from the administration on that fact. if he sends up jack lew, that will be a tough nomination. >> chip, what do you think? tim geithner stepping down. how do you think it's going to impact? do you think, either of you, if the president were to ask tim geithner to stick around at least through that, like, listen, friend, can you extend this another six weeks because i don't want to go through a nomination fight in the middle of all of this as well, don't you think tim geithner would say okay? >> one thing i learned in politics, if the president of the united states asks you to do something, you usually do it. you do it enthusiastically. i think timothy geithner, i agree with what jimmy was saying, i think he knew for a long time he was leaving. they've had a long time to get their successor in place. i think it is going to be jack lew for a variety of reasons. in this fiscal cliff debate, we saw jack on the sideline and not fighting with the senators. think he was saving him for this nomination process. i think it is going to be jack. >> good to see you both. thanks, guys. >>>
house chief of staff jack lew who was the former director of the office of management and budget. white house sources tells cbs news that the white house hasn't made that decision yet and he's likely to make other cabinet announcements first. >> thank you. let's bring in chief washington correspondent and host of "face the nation" bob schieffer. good morning. >> good morning, norah. >> we just heard about geithner leaving as treasury secretary and all the fiscal fights ahead of us. how does that affect things? >> i think that's going to make it harder if that's possible. geithner will not be there. there will be arguments over fiscal policy that will weigh in to the confirmation of whoever it is that the president does eventually nominate. but excuse me for not being overly optimistic this morning but i mean i was listening to this rhetoric yesterday, all the people up on capitol hill talking about how they're all going to come together. well, you know they're not. you know they're not. i was thinking of the song we used to have in college. i can't remember it. but the verse was here co
is settling on the new pick for treasury secretary. he might announce it sometime this week. jack lew would replace timothy geithner if confirmed. prior to this role he was the direct are to you of office of management and budget. before that lew was the first deputy secretary of state and management resources. martha: washington is still reeling from the president's nomination of chuck hagel as the next secretary of defense. new hampshire senator kelly ayotte, one of a chorus of critics slamming the former nebraska senator. she says this. while i deeply respect senator hagel's service in vietnam i'm concerned by several boxes he took as senator, longstanding opposition to increase iran sanctions and his regarding hezbollah and hamas as well as our close al eye israel. senator hagel has one big fan, he has a lot of fans. this one is raising eyebrows the rogue nation of iran. a foreign ministry spokesman calls the nomination, a sign of quote, practical change to american foreign policy. he predicts that if hague bell is appointed relations between the united states and iran will improve. isr
Search Results 0 to 45 of about 46 (some duplicates have been removed)

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